Renewable Energy Philippines - The Omicron Impact in Solar Business

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S T O R Y
Solving both of these challenges this year will result in
significant action for the sector. For the power sector,
2022 may prove to be a tipping moment.
More Aggressive International Policies
to Combat Coal in 2022
For years, anybody with an interest in science has
aided in the transition of the energy sector toward a
more environmentally friendly generation. In 2022,
when this effect wears out, the energy transition will
be accelerated by the high cost and inefficiency of
contemporary fossil fuels.
For two weeks in November, the Glasgow Climate
Conference placed the worldwide forces driving
energy creation on full display. The ultimate outcome
was varied, with the majority of agreements only
formalizing an already-initiated process. However,
the COP26 concessions establish certain welldefined
objectives for electricity output for COP27 in
November 2022.
At the time, the well-publicized last-minute revisions
that weakened an otherwise unanimous resolution
against coal power production seemed to be a victory
for India, China, and pollution. However, given the
nature of the change and the outrage generated by
the concession, this struggle is far from over. Expect
COP27 delegates to begin by taking aim at coal and
then building momentum against individual fossil
fuels.
Almost every country today has a national goal
of achieving net-zero emissions. The next step of
decarbonization will include enhancing them.
This might begin in Germany, where the next
administration intends to accelerate the country’s coal
plant closures. Australia’s very modest, non-binding
net-zero aim has garnered more public support than
government backing. This administration is on track to
lose the general election next year, with practically all
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